Nestlé India sets July 10 record date for ₹5 final dividend
Nestlé India Limited announced July 10, 2026, as the record date for a ₹5.00 per share final dividend for FY26, pending shareholder approval at the 67th AGM on July 3, 2026. The AGM will be held via video conferencing, with remote e-voting open from June 30 to July 2. The meeting will also address the re-appointment of Director Mr. Mandeep Singh Chhatwal and the ratification of cost auditor remuneration.
*this image is generated using AI for illustrative purposes only.
Nestlé India Limited has fixed Friday, July 10, 2026, as the record date to determine shareholder entitlement for the final dividend of ₹5.00 per equity share for the financial year ended March 31, 2026. The dividend is proposed to be paid on and from July 30, 2026, subject to the approval of shareholders at the 67th Annual General Meeting. An interim dividend of ₹7.00 per share was already paid during the financial year on February 26, 2026.
The 67th AGM is scheduled for July 3, 2026, at 10:30 A.M. IST through Video Conferencing and Other Audio-Visual Means. The meeting will be conducted without the physical presence of members at a common venue, with the Registered Office of the Company serving as the deemed venue. Remote e-voting will commence on June 30, 2026, at 9:00 A.M. IST and conclude on July 2, 2026, at 5:00 P.M. IST. The cut-off date for determining eligibility to vote is June 26, 2026.
Business to be Transacted
The agenda includes the adoption of audited standalone and consolidated financial statements for FY26. Shareholders will consider the re-appointment of Mr. Mandeep Singh Chhatwal, Director, who retires by rotation and is eligible for re-appointment. Mr. Chhatwal currently serves as the Chief Financial Officer for Zone Asia, Oceania & Africa of the Nestlé Group.
Special Business
The meeting will seek shareholder approval for the ratification of the remuneration payable to M/s. Ramanath Iyer & Co., Cost Accountants, appointed to audit cost records for products under Customs Tariff Act Heading 0402. The proposed remuneration for the financial year 2026-27 is ₹2,64,000, plus reimbursement of out-of-pocket expenses and applicable taxes.
| Resolution | Purpose | Remuneration/Fees |
|---|---|---|
| Cost Auditor | Audit of cost records for FY27 | ₹2,64,000 + expenses + taxes |
| Final Dividend | For FY26 | ₹5.00 per share |
Statutory Disclosures
During the financial year ended March 31, 2026, the Company transferred unpaid and unclaimed dividends totaling ₹1,61,82,070 to the Investor Education and Protection Fund (IEPF). Additionally, 177,390 equity shares were transferred to the IEPF Authority's designated Demat Account as dividends on these shares remained unpaid for seven consecutive years.
Historical Stock Returns for Nestle
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.24% | -2.89% | -4.87% | +11.57% | +15.64% | +59.09% |
What is the expected impact of the ₹12.00 total dividend payout on Nestlé India's free cash flow for FY27?
How might the re-appointment of Mr. Chhatwal influence Nestlé India's strategic alignment with the Asia, Oceania, and Africa region?
Will the company implement new initiatives to reduce the volume of unclaimed dividends transferred to the IEPF?
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
